trending Market Intelligence /marketintelligence/en/news-insights/trending/A8W1oGsPCB7U-l1uTjyowQ2 content esgSubNav
In This List

Park Lawn Q1 profit climbs 51.8% YOY

Blog

Banking Essentials Newsletter: June 12th Edition

Podcast

Next in Tech | Episode 171: Concerns About Fraud Drive AI Investment

Podcast

Street Talk | Episode 127: The 'knife fight' for deposits could spur more bank deals

Blog

S&P 500 Q4 2023 Sector Earnings & Revenue Data


Park Lawn Q1 profit climbs 51.8% YOY

Park Lawn Corp. said its normalized net income for the first quarter amounted to 15 Canadian cents per share, compared with the S&P Capital IQ consensus estimate of 14 cents per share.

EPS climbed 37.8% year over year from 11 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was C$965,940, a gain of 51.8% from C$636,120 in the year-earlier period.

The normalized profit margin dropped to 8.6% from 8.9% in the year-earlier period.

Total revenue increased 58.3% on an annual basis to C$11.3 million from C$7.1 million, and total operating expenses increased 68.9% on an annual basis to C$9.8 million from C$5.8 million.

Reported net income rose 54.3% year over year to C$1.4 million, or 22 cents per share, from C$897,750, or 16 cents per share.